VF Corp. price target raised to $20 from $16 at Telsey Advisory

Telsey Advisory raised the firm’s price target on VF Corp. (VFC) to $20 from $16 and keeps a Market Perform rating on the shares. The company reported a “solid” third quarter, with gross margins stronger than expected despite unmitigated tariffs, the analyst tells investors. Additionally, North Face continues to see strength while Vans remains pressured, the firm adds.